The Politburo of the Chinese Communist Party held a meeting on Wednesday (30th) affirming the positive economic trend in 1H25, but emphasized the need to adhere to a bottom-line mindset, Haitong International released a research report saying. The meeting called for increased proactive fiscal and moderately loose monetary policies to promote a unified large market and technological innovation reforms. Related NewsAMD Slips 6%+ After Hrs as MI308 Chip Sales License to CN Not Yet GrantedMeanwhile, real estate, local debt and capital markets were highlighted as key areas for risk mitigation, alongside measures to stimulate domestic demand, expand effective investment and trigger new quality productive forces and various market dynamism. The meeting decided to hold the Fourth Plenary Session in October 2025 to study recommendations for the formulation of the 15th Five-Year Plan for National Economic and Social Development.Haitong International believed that the meeting's content overall was in line with expectations, with limited incremental policies. Given that market expectations for the meeting's policies were not high, the overall reaction was relatively muted. Related NewsOvernight Shibor Up 0.1 bp to 1.315%Considering the significant gains accumulated since 7 April, the market is expected to enter a consolidation period following the Politburo meeting to consolidate previous gains and await further policy implementation.